At a press event in New York this morning, Spotify CEO Daniel Ek discussed some big milestones. Check out these numbers, keeping in mind Spotify just came to the U.S. last year.
- More than 1 million paying subscribers (Spotify has $4.99 and $9.99 monthly plans)
- Spotify has paid more than $500 million to artists and rights holders; 70% of its revenues go back to the musicians.
- More than 20 million users worldwide; 6+ million are paying customers
Personally, I love Spotify. I can’t remember the last time I used iTunes to download or purchase music. While Spotify’s catalog isn’t quite as extensive as iTunes, I’m hard-pressed to find music that doesn’t appear on their service. I love that my playlists sync between all my devices – iPhone, iPad, Mac and PC – and that I can save individual songs and playlists for offline use when I don’t have a data connection.
I’m also a big fan of their collaborative, shared playlists. Take Billboard for example: the top 100 songs, according to Billboard, have their own playlist, which is updated weekly. I can download the tracks I like (or add them to a playlist I already have), and skip the ones I don’t.
I also particularly like their recently-released Radio feature, which you’ll be instantly familiar with if you’re currently using Pandora. Spotify learns your taste in music the more you listen, just like Pandora, and again, when you find a song you really like, you can save it instantly to your device (and it syncs across your other devices) for later.
Regardless of whether or not you use iOS or Android, PC or Mac, you should give Spotify a try if you haven’t already. If you’re not ready to cough up the money for a premium membership, they’re currently offering a free, 30-day trial if you signup here.
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